When to Get Long Term Care Insurance
ฝัง
- เผยแพร่เมื่อ 2 ส.ค. 2024
- To financially protect against the future cost of needing assisted living or nursing home care, at what age should you consider getting Long Term Care insurance in place? Additionally, in what circumstances would someone need this coverage, or not need this coverage? Should you just explore long term care insurance, or are there other options you should consider? That and more coming up on this hour of Wise Money!
Season 6 Episode 49
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This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Intro: (0:00)
Segment 1: (0:18)
Break 1: (9:35)
Segment 2: (11:51)
Break 2: (21:10)
Segment 3: (23:26)
Break 3: (32:46)
Segment 4 (34:40)
Outro: (48:29)
“I wish I started earlier.” “What’s that smell?” Hilarious!!🤣🤣🤣
got to smack the like button.
Excellent discussion
How to get the LTC insurance? Thanks
Can we have some examples of LTC insurance Costs?
Great question, though it depends on several variables so unfortunately there isn’t a standard price or range I could give. Your age, health, and amount of coverage all influence the price significantly.
Is the age of 79 female too old to purchase LTC insurance??
No
If the person has health issues they can get guaranteed issue. LTC will be expensive at 79 years old
This interview is biased. What happens if you are single? I'm so tired of when financial discussions treat people assuming they have a large family or whom have family members are even willing to even help pay! I have an expensive assisted living for a single uncle and none of my family members are helping! Where did this assumption come from where we have family to help?!
NEVER ITS THE BIGGEST RIPOFF IN INSURANCE HISTORY!!!!!!!!!!!!!!!!!!!!!!!!!!!!